
Management Change30 Jun 2026, 07:11 pm
Rane (Madras) Appoints Ramkumar Lakshminarayanan as Independent Director
AI Summary
Rane (Madras) Ltd announced the appointment of Ramkumar Lakshminarayanan as an Independent Director. The Board of Directors approved the proposal on June 30, 2026, based on the Nomination & Remuneration Committee's recommendation. His term will commence on July 01, 2026, and conclude on April 08, 2031, subject to shareholder approval at the 22nd Annual General Meeting. Lakshminarayanan brings extensive experience, including a former role as Managing Director of Tube Investments of India Ltd and board positions in other listed companies.
Key Highlights
- Ramkumar Lakshminarayanan appointed as Independent Director.
- Term of appointment: July 01, 2026, to April 08, 2031.
- Appointment subject to shareholder approval at the 22nd AGM.
- Director brings over 3 decades of corporate experience.
- Holds MBA from IIM Ahmedabad and past leadership roles.
Price Impact
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